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OPEC Raises Oil Demand Growth Forecast on Hope Pandemic Wanes

2021-04-13 20:30:00| OGI

The upward revision marks a change of tone from previous months, in which OPEC has lowered oil demand forecasts because of continued lockdowns.

Tags: hope growth oil demand

 

OPEC+ Lowers Oil Demand Growth Forecast Ahead of Meeting

2021-03-31 11:15:00| OGI

The Joint Technical Committee of OPEC+, which advises the group of oil-producing nations that includes Saudi Arabia and Russia, met on March 30 ahead of a ministerial meeting on April 1 to decide output policy.

Tags: meeting growth oil demand

 
 

US economy to grow faster than forecast, says Federal Reserve

2021-03-17 19:28:08| BBC News | Business | UK Edition

The Federal Reserve upgrades its forecasts as the vaccine programme and stimulus measures kick in.

Tags: federal grow economy faster

 

US Crude Oil Production in 2021 to Decline Less Than Previously Forecast: EIA

2021-03-09 22:25:00| OGI

The EIA estimated that U.S. crude oil production in February was down 500,000 bbl/d from estimated January production, mostly due to the cold temperatures that affected much of the country, particularly Texas.

Tags: production previously oil decline

 

IC Insights ups 2021 IC market growth forecast to 19%

2021-03-09 19:30:28| Digital TV News

IC Insights believes that the 1Q21/4Q20 IC market will show a 2% increase. If so, it would be the first 1Q/4Q sequential IC market increase since a 1% growth rate was registered 10 years ago in 1Q11.

Tags: to market growth ups

 

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